Debt Collection Question
Date: Fri, 01/23/2009 - 12:29
Yes it was. They faxed me a settlement with the date and amout.
Yes it was. They faxed me a settlement with the date and amout. But I said, ok can i send you a certifed check, the guy got all mad, and was like i need your checking account # so we can hold this agreement. I rather just pay the Credit Card Company. I heard if you settle, you have to pay Taxes on the Debt you didnt pay. Plus the bad report on your credit as settled.
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well the settlement will appear as such either way,but i wouldn't agree to pay that CA.if there is an address on the fax i would send a DV letter.send it certified mail return receipt.i would also contact the CC company and find out the story about this.they may if they hired them to pull it back.if they charged it off then the CC company is out of the picture.again though never give this CA your bank info.send the DV letter.
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DV=debt validation.with so many JDB'S (junk debt buyers)validation is important.it basically is forcing the CA that.
they have license to collect on this.
they are in fact the ones who should be collecting the debt.
how they came up with the dollar amount of the debt.
validation has been debated on the forums,but those points should be documented by the CA before they attempt any further collections.what is the name of this CA?
AT top it saids Central Credit Services, INC. But it said
AT top it saids
Central Credit Services, INC.
But it said Current Creditor: LVNV Funding, LLC
out of Jacksonville, FL.
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no original creditor?LVNV is a bottomfeeder deluxe.if there is an address i would send the letter,along with a C&D(cease&desist)letter.basically your telling this CA that your disputing the debt and wish to be contacted by us mail only.get the letters out asap.certified mail return receipt.
I would like to just call the Credit card company and work somet
I would like to just call the Credit card company and work something out now, that i can pay the min payment, plus some. (if they havent sold my account)
ok thank you, for the help. 1 last question. If sears wont work
ok thank you, for the help. 1 last question. If sears wont work with me, and they do settle. Whats the best way to pay a collector?
Money order ... or a certified check from your bank. Do not giv
Money order ... or a certified check from your bank. Do not give them your banking info, nor a credit card.
A word of caution about LVNV--document everything! If it is lega
A word of caution about LVNV--document everything! If it is legal in your state, record your conversations, if not, make notes of days, time, what was said,etc.
I started dealing with them about the time I came to the Forums, about 3 years ago. If you send them a debt validation letter, send it to Sherman Acquisitions,et all. There are some good sample letters here on the site, to the right of the screen. Also some members here have some good ones in their signature line.
LVNV has never validated one of my letters, instead, passed it around to their many other companies. When this happens, I send a copy of the first letter, along wit a new dv, and so on. They are well know for breaking fdcpa regulations, at least with me, so be careful with them.
Also, never give your account info out. If you do decide you want to work with them, be sure and get it in writing. They offered me a settlement a few years back, and then a few weeks later, said "what settlement" Also, be sure that in their letter, if they send this is writing and you decide to settle, that they will consider this paid in full, with no balance remaining that can be colleced on later..Good Luck to you!..karen
I got the settlement in writing, this is what it saids at the bo
I got the settlement in writing, this is what it saids at the bottom. After the Dates they want a check..
Provided all checks presented for payment clear the appropriate bank, your account balance will be settled.
Do i need to get the settlement Wrote diffrently?
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yes,with that wording they can and will still collect on it,or at least sell the remainder of the debt.you need to get that part in writing as well.also as SMO said pay with money orders only.checks have your info on them as well.i don't trust this place and neither should you.
gah, this is a pain in the butt. I'm at the point now i can pay
gah, this is a pain in the butt. I'm at the point now i can pay this bill, but now i'm scared to pay it. I wish i could just pay the Credit Card Company. Its like, i can send a Money Order to pay them, and they can just turn around and say we never got it. Then that money is gone. So risky to pay a collector.
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actually if they cash it you can get that info from the place that issued the money order.it is as easy to track as western union or moneygram.you can also stop payment on it.that's not the case with the other two.it's just if you send them a check they have your bank info and i don't trust this place with that.
If you don't want to do a money order you could always do a cert
If you don't want to do a money order you could always do a certified check from your bank, it wouldn't have your personal info on it, nor your account number. Just make sure that your bank would give you proof that it has been cashed (copy of front and back of check).
No need since you already have one... you can collection a call
No need since you already have one...
you can collection a call and settle the account if they have their # written down in the letter...
It also ok to give them check by phone payment because if you send money orders or certified check, it may post late and may void the settlement...
and then maybe after 30 days when payment is taken out, you will receive letter fr creditor that settlement is ok
No it is not OK to do a check by phone with a debt collector. It
No it is not OK to do a check by phone with a debt collector. It doesn't matter when the money order posts, it goes from the day they receive it. That is why you get a settlement in writing before any payments are made.